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IP Group PLC (IPO.L)

IPO.L on London Stock Exchange

145.00GBp
15 Dec 2017
Change (% chg)

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145.00
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Avg. Vol
866,866
52-wk High
200.50
52-wk Low
109.10

Latest Key Developments (Source: Significant Developments)

IP Group says expects admission of new shares to take place on 7 Nov 2017​
Monday, 6 Nov 2017 

Nov 6 (Reuters) - IP GROUP PLC ::‍APPLICATION HAS BEEN MADE TO FINANCIAL CONDUCT AUTHORITY FOR ADMISSION OF 4,678,066 NEW SHARES.‍EXPECTS THAT ADMISSION OF NEW SHARES WILL TAKE PLACE ON 7 NOVEMBER 2017​.  Full Article

IP Group ‍welcomes Touchstone Innovations' recommendation to shareholders to accept offer​
Wednesday, 18 Oct 2017 

Oct 18 (Reuters) - IP GROUP PLC ::‍WELCOMES ANNOUNCEMENT MADE BY TOUCHSTONE INNOVATIONS PLC RECOMMENDING THAT TOUCHSTONE SHAREHOLDERS ACCEPT OFFER​.‍DAVID BEGG HAS JOINED BOARD OF DIRECTORS OF COMBINED GROUP AS A NON-EXECUTIVE DIRECTOR WITH IMMEDIATE EFFECT​.  Full Article

IP Group says Touchstone Innovations offer now unconditional
Wednesday, 18 Oct 2017 

Oct 18 (Reuters) - IP Group Plc ::IP GROUP PLC - ‍ACCEPTANCES IN EXCESS OF 96%; ACCEPTANCE CONDITION SATISFIED IN TOUCHSTONE INNOVATIONS DEAL​.IP GROUP PLC - OFFER NOW UNCONDITIONAL IN ALL RESPECTS​ IN TOUCHSTONE INNOVATIONS DEAL.  Full Article

UK's CMA not to refer IP Group, Touchstone Innovations deal to phase II probe
Tuesday, 17 Oct 2017 

Oct 17 (Reuters) - UK's Competition and Markets Authority::UK'S CMA - ‍ DECIDED NOT TO REFER IP GROUP, TOUCHSTONE INNOVATIONS DEAL TO PHASE 2 INVESTIGATION.  Full Article

IP Group says ‍extension of offer to Oct 27, 2017​
Monday, 9 Oct 2017 

Oct 9 (Reuters) - IP GROUP PLC ::‍EXTENSION OF OFFER TO 1.00 P.M. ON 27 OCTOBER 2017​.‍ACCEPTANCES AND STATEMENTS OF SUPPORT IN AGGREGATE OF 97%​.  Full Article

IP Group to raise proceeds of up to 200 mln stg via placing
Tuesday, 23 May 2017 

May 23 (Reuters) - IP Group Plc :Intends to raise gross proceeds of up to approximately 200 million stg (approximately 195.7 million stg net of capital raising costs and expenses).Firm placing and a placing, open offer and offer for subscription, consisting of issue of up to 142,857,136 capital raising shares.Firm placing and a placing, open offer and offer for subscription at an issue price of 140 pence per capital raising share.Board has ability to increase size of issue by up to 66.6 million stg.Is launching IP group Australia, a wholly-owned private company incorporated in state of Victoria, Australia.Recently made an approach to touchstone board regarding a possible all- share combination of company and touchstone innovations.  Full Article

IP Group says Oxford Nanopore raises 100 mln stg
Monday, 12 Dec 2016 

IP Group Plc : Says Oxford Nanopore has raised 100 million stg in a new financing round via a private placement of ordinary shares . Says following completion of financing round, IP Group's undiluted beneficial stake of 19.7 pct in Oxford Nanopore will be valued at 246.3 million stg . Says 100 mln stg fundraising . Says IP Group has committed a further 14.0 million stg to Oxford Nanopore as part of this funding round .Says transaction brings total funds raised by Oxford Nanopore since its formation in 2005 to 351.0 million stg..  Full Article

IP Group says portfolio company Ceres Power completes 20 mln stg placing
Thursday, 29 Sep 2016 

IP Group Plc : Portfolio company ceres power completes 20 mln stg placing .Ceres power has raised a total of approximately £20.0 by means of a conditional placing with new and existing investors in UK.  Full Article

IP Group says H1 adjusted loss before tax of 31.1 mln stg
Tuesday, 9 Aug 2016 

Ip Group Plc : Says adjusted loss before tax of £31.1m (hy15: profit of £70.1m; fy15: profit of £82.4m), excluding amortisation of intangible assets . Says capital provided to portfolio companies and projects: £12.8m (hy15: £15.1m; fy15: £75.9m) . Half-Yearly results . Says fair value of portfolio: £525.7m (hy15: £478.2m; fy15: £552.2m) .Says in shorter term there may be some brexit impact on specific portfolio company financing rounds.  Full Article

Diurnal Group says primary endpoint met in Infacort late-stage study
Monday, 11 Jul 2016 

Diurnal Group Plc : Positive headline data Infacort pivotal study . Positive headline data from pivotal study for Infacort in Europe for paediatric adrenal insufficiency (AI) . Primary endpoint met with Infacort treatment achieving target cortisol levels in children aged less than six years . Anticipates market authorisation in late 2017 for Infacort .Will be commencing US registration programme for Infacort in 2016.  Full Article

BRIEF-IP Group ‍welcomes Touchstone Innovations' recommendation to shareholders to accept offer​

* ‍WELCOMES ANNOUNCEMENT MADE BY TOUCHSTONE INNOVATIONS PLC RECOMMENDING THAT TOUCHSTONE SHAREHOLDERS ACCEPT OFFER​